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20120930
20121008
Search Results 0 to 12 of about 13 (some duplicates have been removed)
. thank you so much for joining us. dan, let me kick this off with you. what do you think happened at end of the day today? seems this market has been trading on some worries last several sessions. yet, we did see some optimism at end of the day. >> absolutely. it's a case of perhaps, you know, still do not fight the fed. what we were watching specifically was apple. you mentioned it. we were looking for support on the stock at around 650. wouldn't you know it, it hit their intraday lows. they don't want to see that stock drop. the interesting thing with that is, you know, apple is a bell weather that's really driving the nasdaq 100, driving a lot of these larger cap benchmarks we follow. if you keep that buoyed, you're going to keep the markets buoyed going forward. >> that's a really good point. i guess, david, for those fund managers who have not owned apple, they're going to be playing catch up fourth quarter so their fund looks better by year end, right? >> it's possible. you have a lot of people that are underinvested and have been out of the market for a good period of time. this i
morning at 9:00 a.m. eastern. bill, over to you. >> elsewhere, cape kelly has breaking news on dan loeb's latest activist target. what's going on? >> so details on dan's position in murphy oil, which was first mentioned last night. was it a long, was it a short, was it some sort of derivatives exposu exposure? it is long. it looks like dan may be looking to go active. they apparently own not quite 5% in murphy oil. i'm told the size of it is significant. it may be close to 5% or will be soon. they have filed for clearance to increase the size of their position if they would like to, which is the signal they may want to go active. . interesting language in the investor letter, which had -- i understand is being distributed. we believe this lagging performance can be explained partially by murphy's disparate asset base which makes the company complex and hard to value. they have a number of suggestions, which i understand they've shared with management, as to how they can improve value. for one thing, and this is a key issue, they want murphy to spin off their retail business and separat
, and they need to really ramp up that mobile monday advertietizm. >> dan, before we let you go, what is the most recent number -- we keep looking at comscore results from a month ago, but is there something that would tell us that it's finding its legs? >> i think there is. there isn't a lot of hard data. the other thing i think is interesting is they're talking more aggressively about monetization. they talked about gifts. mark talked about entering the search business which would double the market opportunity. so they're clearly now focused on revenues, whereas before, i don't think so they were as focused on revenues. mark said in his ipo letter, i don't wake up every day thinking about how to make money. now he's talking about doing that every single day. i think that's interesting. but i think the other thing is to keep in mind for an investor is this will take a year, maybe more, maybe a little bit less before we really see it hitting the income statements. i don't think that investors should be looking for an immediate reacceleration of revenues. i think that's the thing to watch out for.
, it is a -- house of pain -- until we get there. dan in new york. dan? >> hi, jim. how you doing? >> not bad, thank you. how about you? >> very good. i'm a 31-year retired teacher of global studies and economics from the beautiful town of washingtonville in upstate new york. >> man, you got the life. >> i do. i do. and i have a question for you. it's about a defense stock that i've owned for a number of years, curtis wright. what do you feel the future of curtis wright will be if obama retains the presidency or if gop candidate mitt romney wins the position? >> i think they have enough that is not defense for it to carry through. i have to tell you something, this has been a historically cheap stock. i've always expected one day it would be snapped up. it never has. it's inexpensive so i'm not concerned about it. atk might be ready for takeoff. and tonight's analyst shootout, i'm agreeing with the bulls at cowen. more importantly, i'm saying stay tuned for the lightning round. >>> it is time for the lightning round. rapid fire calls. are you ready skeedaddy? lightning round. we start with mark in i
than dan gilligan. >> we have to make sure that the futures market is an honest market. >> as the president of the petroleum marketers association, he represents more than 8,000 retail and wholesale suppliers, everyone from home heating oil companies to gas station owners. when we talked to him in the summer of 2008, his members were getting blamed for gouging the public even though their costs had also gone through the roof. he told us the problem was in the commodities markets, which had been invaded by a new breed of investor. >> approximately 60% to 70% of the oil contracts in the futures markets are now held by speculative entities. not by companies that need oil, not by the airlines, not by the oil companies, but by investors that are looking to make money from their speculative positions. >> they don't actually take delivery of the oil. >> no, all they do is buy the paper and hope that they can sell it for more than they paid for it before they have to take delivery. >> so they're trying to make money on the market for oil. >> absolutely--on the volatility that e
putting $1 trillion into bond funds. jacob says that's clear proof that buy and hold is dead. >> dan weiner is an adviser himself and says buy and hold is the way to go. daniel, to you first. many say the numbers don't back up your belief in buy and hold. why are they wrong? why is buy and hold still relevant? >> bob, i don't know why the fact investors are putting money into bonds and out of stocks means buy and hold is dead. it's a strategy. buy and hold means buying really good managers or buying really good companies and sticking with them through some of these ridiculous day-long, you know, market crashes, flash crashes, things of that nature. i'm not worried about what happens in the market in a day or a month. the dow has hit 30 record highs this year alone. the dow has hit 30 highs on a total return basis. so all these guys who think, oh, buy and hold is dead, you know, sell main may and go away, theye crying in their soup. >> jacob, i think back to the magazine cover that said "the death of equities." you know when you should have bought equities? the day that came out. you
. this morning, it was down to 66% probability. romney moved up 10 percentage points. dan loeb on facebook had put last week out a note that you ought to buy the romney futures because they were so depressed. i don't know how the money works in that thing, but he made ten points on the upside. >> wonder what the capital gains treatment is on that. >> that's a good question. >> rick santelli, i haven't even talked about march you draghi. he had an impact on the markets early on today, didn't he? >> he definitely did. if i look at interest rate complex between the mario draghi influences, the euro rally. we saw interest rates on the safe harbors like ten-year notes move higher. the stocks really grasping in and getting close to triple digits has put the ten-year pretty much at the top of what has been an eight-trading day, 5 1/2 basis point closing range. the boon, which closed a bit ago, is in a 2 1/2 point basis range for seven trading days. it's somewhat amazing. the issue with draghi remains. he moves foreign exchange a lot. they think he has that bazooka. we're not sure if he has the fuse a
you get at. it's also the ability to attack. remember, lloyd benson in 1988 against dan quayle said that one line to dan quayle, i knew jack kennedy. jack kennedy was a friend of mine. >> if you're obama, do you attack romney or do you advertise whatever you think your own virtue is? >> every poll that came up this morning, romney sup side down in favorables and that's a bad thing. you don't need to attack hilm. you attack congress for not passing the 28% corporate, and blah, blah, blah. you don't have to now. if romney goes after him, then you rebut that. but if i'm obama, i do not attack him. you're the president of the united states. you're cool, calm, and collected. >> when andrew asked that question -- i also saw it in "the new york times." the debate handler supposedly had to tell the president, please don't be too smart. you're a professor. don't just blow them away with your details, which you could. give me the substancetive argument for president obama on what he's rung on. all i know is he wants to raise taxes on rich people. other than that, what is his substance? >> are
that spending less time on hair means more time on running the business. got it. dan writes with vanity no longer an issue, bald men can focus on content and outcome versus image. i think these guys are serious. john writes the sun does increase knowledge. and then bret writes they're successful because they spend less time looking in the mirror. four men, presumably all bald. >> maybe. >> could be. >> and of course mark zuckerberg wears the same thing every day. what's coming up tonight? >> tipping the bald theme, we have our own powerful bald man on. neel kashkari. >> segue. >> we also have john taylor to talk about the debates. and why it might be time to sell gold. >> see you at 5:00. let's get to what you might have missed earlier on this morning. >>> welcome to hour three of "squawk on the street." here's what's happening so far. >> what frustrates me is we are not doing more to build infrastructure here in the united states. >> it's happening. we don't need the government to do anything. >> this is a terrific opportunity for us to launch a global snacking powerhouse. we've got a
dan hessey and said we don't want to do this deal. is sprint still interested in pcs? i don't know. would it consider coming over the top to try to make another deal for pcs? unclear at this point as well. and, of course, you also have the larger issue of t-mobile in its place in terms of market share in the u.s., the fourth player. would it ever consider, that is deutsche telecom merging it with sprint and trust concern there is. sprint is a very leveraged company that had considered doing that deal prior to deutsche telecom's decision to sell to at&t. a deal which was stopped by the anti-trust division of the justice department. of course, they did walk away with $6 billion. as for pcs, the shares are up. don't know what percentage they would own but it would make a larger player in the wireless war, so to speak, here in the u.s. t-mobile certainly a far away fourth after at&t, verizon and sprint. >>> stock reflecting that move. david, thanks a lot. when we come back, are you getting the full advantage of record rates in the low mortgage of yours? could more acquisitions be in st
between the democrat lloyd benson and the republican vice presidential nominee dan quayle. take a listen. >> i have as much experience in the congress adds jack kennedy did when he sought the presidency. >> senator, i served with jack kennedy. i knew jack kennedy. jack kennedy was a friend of mine. senator, you're no jack kennedy. >> killer line. had no impact on the election. george h.w. bush one that election. when you have a strong performance by a strong candidate and a weak fumble by the other, its can make a difference. here's an example in 2000 when al gore decided he thought it was a good idea to get in the face of george w. bush while he was answering a question. watch this. >> the difference is that i can get it done. that i can get something positive done on behalf of the people. that's what the question in this campaign is about. it's not only what's your philosophy and position on issues. but can you get things done? i believe i can. >> there you had governor george w. bush making al gore look foolish. now, the second ranking all time memorable debate moment in that poll i m
Search Results 0 to 12 of about 13 (some duplicates have been removed)